EU Commission Initiates Formal Investigation into Delivery Hero and Glovo
Tuesday, 23 July 2024, 11:10
EU Antitrust Investigation into Delivery Hero
The European Commission has announced the initiation of an antitrust investigation targeting Delivery Hero and Glovo. This formal examination aims to determine whether both companies have breached competition laws.
Key Points of the Investigation
- Antitrust Examination: The Commission's investigation focuses on the competitive practices of Delivery Hero and Glovo.
- Market Practices: The goal is to assess compliance with fair market standards.
- Future Outlook: Despite the investigation, Delivery Hero is on track for a solid performance in 2024.
Conclusion
While the formal investigation could pose challenges for Delivery Hero, the company's ability to adapt and maintain a positive outlook for 2024 remains crucial. Investors should stay alert to developments surrounding this inquiry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.